Ascentris JV sells slice of office complex, plans Live Local project on rest
A trio of investors sold a piece of a Doral office complex for $63.3 million, but kept one building and teamed up with Zom on a Live Local Act redevelopment. Denver-based Ascentris, as well as Highline Real Estate Capital and Square2 Capital, both based in Miami, sold the Westside Plaza I at 8400 Northwest 33rd Street and the nearby Westside Plaza III at 8200 Northwest 33rd Street. Miami-based Cofe Properties bought the pair of four-story buildings spanning a combined 261,600 square feet, according to records and real estate database Vizzda. The deal breaks down to $242 per square foot. Cofe […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Down payment assistance doesn’t need simplification; it needs standardization
Mortgage AI needs a standard of trust built on experience
Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts
MBA forecast: Mortgage volume to dip below $2T in 2027 as 7% rates linger
South Florida Dirt: Why it’s a “very difficult time to build”
Price Cuts Are the Best Concession To Motivate First-Time Buyers, Survey Finds
One of Frank Lloyd Wright’s First Commissions Lists near Chicago for $2.4 Million
Fairy-Tale ‘Carpenter Gothic Victorian’ Hits the Market on Long Island’s Shelter Island
HHHunt names CFO Ann Kelly as next CEO in 2027 C-suite reset
YouTube Star Kris Krohn Lists Mind-Blowing $14 Million Utah Mansion With a Pool That Transforms Into a Ballroom
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131